If you break into a sweat at the thought of identity theft, you might want to consider a credit freeze.
A credit freeze blocks access to your credit report, which means no one – not even you – will be able to open a new credit account or take out a loan in your name while this security freeze is in effect.
It works like this:
Since financial institutions or other businesses check your credit report before approving loans or credit cards, a freeze blocks that from happening.
To freeze your credit, you’ll need to contact three main credit bureaus and provide some required personal information. Those bureaus are Equifax, Experian, and TransUnion. It is recommended that you do it either online or by telephone to speed the process.
After access to your reports has been frozen, you can either temporarily lift or completely remove the freeze so lenders or creditors can access your reports if you need to apply for a loan, credit card, or utility service.
A freeze won’t block you from being able to use your own credit or bank cards, but it also won’t protect you from other types of fraud that don’t require credit checks, such as someone filing taxes in your name or stealing credit card or financial account numbers.
In a world where data breaches and identity theft can affect you financially, a credit freeze is a great way to help protect you and your money.
Questions?
Fidelity’s Client Care Center Bankers are here to help. For assistance, call 1.800.388.4380. The hours are Monday through Friday, from 8:30 a.m. to 6 p.m. and Saturday from 9 a.m. to 1 p.m. or visit www.bankatfidelity.com.
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Fidelity Bank has built a strong history as a trusted financial advisor and continues its mission of exceeding client expectations through a unique banking experience. It operates 20 full-service offices throughout Lackawanna, Luzerne, Lehigh, and Northampton Counties, along with a limited production commercial office in Luzerne County and a Fidelity Bank Wealth Management Office in Schuylkill County. Fidelity Bank provides a digital banking experience online at www.bankatfidelity.com, through the Fidelity Mobile Banking app, and in the Client Care Center at 1-800-388-4380. Additionally, the Bank offers full-service Wealth Management & Brokerage Services, a Mortgage Center, and an array of personal and business banking products and services.
